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The “MONEY” Follows Gold & Silver.

In 2013, gold futures had the first annual drop since 2000. That is what happened in the PAPER gold market. The New York Commodities Exchange (COMEX) sells derivatives; the exchange sells the same ounce (1 oz) of PHYSICAL gold or silver hundreds of times.

Take a look at what happened in
markets that traded actual gold and silver.

Royal Canadian Mint: Canadian Maple Leaf gold coin salesUP 82.5%year over year (876,000 oz – first three quarters of 2013); Mint announced supply shortages of Silver Maple Leafs, and carefully managed supply by limiting the number of 2013 Silver Maple Leafs sold to distributors, causing backlogs with primary/secondary dealers.

Turkey: Imported 302 metric tons– 17% of annual world production (Dec. imports UP 64% over Nov.).